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Oregon is among the states entering a high-stakes arbitration battle with tobacco companies who agreed in 1998 to pay $206 billion over 25 years to settle legal claims. If a panel of three retired federal judges side with the tobacco firms, Oregon and ro

State Treasurer Ken Miller announced the receipt of one of two annual tobacco settlement payments on Wednesday. The $64.8 million payment brings the total paid to the state under the Master Settlement Agreement since 1999, the year payments began, to $1.

Pennsylvania will continue to fight the tobacco industry's lawsuit to reduce payments to the Master Settlement Agreement, the 1998 deal that requires tobacco companies to pay billions of dollars to offset public health costs from tobacco-related diseases

The nation’s top cigarette companies have made their annual payments as part of the 25-year settlement in which some cigarette makers are paying states for smoking-related health care costs. Philip Morris USA, owned by Henrico County-based Altria Group

The Pennsylvania attorney general's office says it's declining a settlement offer by tobacco companies in favor of waiting for an arbitration panel's decision that will help determine how much the companies owe the state. The attorney general's office sa

The grant is provided at a time when more state legislatures, including North Carolina, are siphoning significant amounts of money dedicated to tobacco-prevention efforts from the 1998 landmark Master Settlement Agreement to their state general funds.

About $101 billion of municipal debt is backed by payments tobacco companies ... Less smoking means less money to repay debt, raising the risk of owning the securities, said Richard Larkin, director of credit analysis at Iselin, New Jersey-based Herbert

Gov. Susana Martinez’s decision to strike down a proposed cash infusion into New Mexico’s tobacco settlement fund has left some anti-cancer advocates steamed. During this year’s legislative session, lawmakers voted to use the tobacco fund as a money sour